Student Partner Alliance A New Jersey Non-Profit Corporation

Organization Overview

Student Partner Alliance A New Jersey Non-Profit Corporation is located in Summit, NJ. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Student Partner Alliance A New Jersey Non-Profit Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student Partner Alliance A New Jersey Non-Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Student Partner Alliance A New Jersey Non-Profit Corporation generated $795.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $837.1k during the year ending 06/2022. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT INNER CITY HIGH SCHOOL STUDENTS IN NJ WITH TUITION ASSISTANCE & MENTORING TO INCREASE THEIR CHANCES FOR COLLEGE ADMISSION & SCHOLARSHIPS, TO ULTIMATELY LEAD SUCCESSFUL & PRODUCTIVE LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENT/PARTNER ALLIANCE (S/PA) SUPPORTS LOW-INCOME, INNER-CITY HIGH SCHOOL STUDENTS WITH SCHOLARSHIPS AND MENTORS AT FIVE COLLEGE PREPARATORY SCHOOLS IN THE GREATER NEWARK AND JERSEY CITY AREA. S/PA SUPPORTS STUDENTS OF ALL RACES AND RELIGIONS AND THE AVERAGE ANNUAL INCOME OF THEIR FAMILIES IS BELOW $45,000. LAST ACADEMIC YEAR S/PA SUPPORTED 180 STUDENTS. OVER THE PAST NINE YEARS, 100% OF S/PA SUPPORTED STUDENTS HAVE GRADUATED HIGH SCHOOL AND CONTINUED WITH HIGHER EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Margaret Momber
Executive Director
$99,583
Thomas A Cash
Chairman
$0
Emmett J Daly
President
$0
Thomas V Mulligan
Secretary
$0
Christopher Birosak
Treasurer
$0
Danna Jacobs
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$62,748
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$723,229
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$785,977
Total Program Service Revenue$0
Investment income $1,438
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,706
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $795,121

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Student Partner Alliance A New Jersey Non-Profit Corporation has recieved totaling $203,990.

Awarding OrganizationAmount
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$60,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$48,625
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$32,500
Mary A & Thomas F Grasselli Endowment Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$15,195
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$13,000
View Grant Recipient Profile

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